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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 492 · 40 questions
TalentJR

How to work it out (P × R × T over 100): Simple interest SI = P × R × T ÷ 100 (P = money kept, R = rate % a year, T = years). Amount = P + SI. Rate R = SI × 100 ÷ (P × T); time T = SI × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.₹1500 earns ₹540 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  3. 3.Isha keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Anaya keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Rohan keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  6. 6.Arjun keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  7. 7.Sara keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 3 years?
  8. 8.₹2500 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Diya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 4 years?
  10. 10.Dev keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.₹1500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.Anaya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  14. 14.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  15. 15.₹2000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Kabir keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  17. 17.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.Rohan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  19. 19.Anaya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.Meera keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 3 years?
  21. 21.Rohan keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  22. 22.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 5 years?
  24. 24.Arjun keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  25. 25.Meera keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 2 years?
  26. 26.₹1500 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  27. 27.Anaya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  28. 28.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  29. 29.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  30. 30.Rohan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  31. 31.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Dev keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹3000 earns ₹900 simple interest at 10% a year. For how many years was it kept?
  34. 34.Isha keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 3 years?
  35. 35.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Sara keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  38. 38.₹2000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.Anaya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  40. 40.Aarav keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 3
  2. 2
  3. 1040
  4. 2480
  5. 180
  6. 480
  7. 1350
  8. 10
  9. 240
  10. 1815
  11. 5
  12. 3420
  13. 175
  14. 2
  15. 10
  16. 240
  17. 7
  18. 330
  19. 2160
  20. 75
  21. 90
  22. 4
  23. 250
  24. 240
  25. 250
  26. 4
  27. 330
  28. 3
  29. 5
  30. 400
  31. 11
  32. 2025
  33. 3
  34. 90
  35. 11
  36. 2
  37. 330
  38. 3
  39. 80
  40. 600

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